CNOOC Stock Slides 0.9% in Hong Kong, Underperforms Competitors

Dow Jones07-28

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of CNOOC Ltd. dropped 0.9% to 22.98 Hong Kong dollars on what proved to be an all-around favorable trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.4% to 25310.85.

This was the stock's third consecutive day of losses.

CNOOC Ltd. closed 26% below its 52-week high of HK$30.98, which the company achieved March 23.

The stock underperformed when compared to some of its competitors, as China Petroleum & Chemical Corp. remained unchanged and PetroChina Co. Ltd. fell 0.1%.

Trading volume totaled 103.1 million shares, compared to the 50-day average of 92.2 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 28, 2026 04:33 ET (08:33 GMT)

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